Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Axcelis Technologies reported Q3 2025 revenue of $213.6 million with GAAP earnings per share of $0.83. The company also noted progress on its merger with Veeco Instruments, citing strong cash flow and a solid balance sheet.
Bermuda highlighted its expanding insurtech ecosystem and regulatory innovation at ITC Vegas 2025, with participation from public and private sector leaders including the Bermuda Business Development Agency and Bermuda Monetary Authority.
Alphabet plans to raise €3 billion through a multi-tranche bond sale in Europe to fund Google's ongoing AI and cloud infrastructure expansion. The sale will include six tranches with maturities from three to 39 years.
Finster AI has raised $15 million in combined Series A and Seed funding led by FinTech Collective and Peak XV Partners. The company plans to use the funds to expand in New York, build its team, and strengthen data and technology partnerships across the financial sector.
SavvyMoney has secured a $225 million minority investment co-led by PSG and Canapi Ventures, with participation from Spectrum Equity, to accelerate product development and growth across its network of financial institutions.
Commvault reported $276 million in total revenue for the second quarter of fiscal 2026, an 18% year-over-year increase, as it surpassed $1 billion in annual recurring revenue ahead of schedule.
Sublime Security has raised $150 million in Series C funding led by Georgian to accelerate its AI-driven email security capabilities and expand globally.
Fireworks AI has secured $250 million in Series C funding led by Lightspeed Venture Partners, Index Ventures, and Evantic, valuing the company at $4 billion. The startup plans to expand its AI inference infrastructure and hire over 150 new staff.
Tencent has announced 50 finalists from 12 countries for its CarbonX 2.0 initiative, offering up to 200 million RMB in funding to accelerate next-generation climate technologies across carbon removal, industrial decarbonization, carbon utilization, and energy storage.
Dashmote has secured $6 million in Series A1 funding co-led by Blossom Street Ventures and Rabobank to accelerate the development of its generative AI agent DashSalesAI and expand its U.S. operations.
Fullcast has acquired Copy.ai to create an AI-native revenue operations platform that unifies planning, execution, and intelligence for go-to-market teams.
Israeli startup Onfire AI has raised $20 million in seed funding led by TLV Partners and Grove Ventures to expand its AI-powered platform that identifies real-time buying signals for B2B sales teams.
A new Deloitte survey shows that 86% of corporate and private equity leaders have integrated generative AI into their M&A workflows, with most planning to increase spending in 2025.
OpenAI is reportedly preparing to file for an initial public offering that could value the company at up to $1 trillion, with plans to potentially file as early as 2026. The company recently completed a restructuring that may facilitate the move, though it maintains that an IPO is not currently its focus.
OpenAI CEO Sam Altman is reportedly backing Merge Labs, a brain-computer interface venture exploring ultrasound-based methods to interpret brain activity without surgery. The startup has recruited Caltech engineer Mikhail Shapiro and aims to raise $250 million at an $850 million valuation.
Figma has acquired Tel Aviv-based AI-powered image and video generation company Weavy. The acquisition forms a new brand, Figma Weave, which will expand Figma’s platform with advanced media generation and editing capabilities.
Archy has raised $20 million in Series B funding led by TCV, with participation from Bessemer Venture Partners, CRV, Entrée Capital, and 25 dentists. The company plans to use the funding to expand its AI-driven platform that automates scheduling, billing, and insurance for dental practices.
Legal AI startup Harvey has secured $150 million in new funding led by Andreessen Horowitz, pushing its valuation to $8 billion. This follows its €50 million investment from EQT Growth earlier this month as the company continues rapid expansion in the legal tech sector.
Burkhan Capital LLC is leading a $300 million investment in Robo.ai to expand its global AI and smart device platform, with the deal expected to close within 30 days.
Summer Robotics has completed the first closing of its Series A funding round led by Applied Ventures, LLC, with participation from Solasta Ventures, Naver, and others. The company also appointed Rick Van Valkenburg as Chief Commercial Officer to drive commercial growth.
